New Research

Tim Kehoe: The Stages of Economic Growth Revisited

The Stages of Economic Growth Revisited Timothy J. Kehoe, Consultant March 2016 | Federal Reserve Bank of Minneapolis Economic Policy Paper 16-5 | With Daniela Costa and Gajen Raveendranathan Part 1: A General Framework and Taking Off into Growth We propose a theory...

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Schulhofer-Wohl: Inflation at the Household Level

Inflation at the Household Level Sam Schulhofer-Wohl, Senior Vice President and Director of Research April 2016 | Federal Reserve Bank of Minneapolis Working Paper 731 | With Greg Kaplan We use scanner data to estimate inflation rates at the household level....

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Chari & Kehoe: Financial Repression: Evidence and Theory

Financial Repression: Evidence and Theory V.V. Chari, Consultant Patrick J. Kehoe, Consultant March 2016 | Federal Reserve Bank of Minneapolis Economic Policy Paper 16-4 | With Alessandro Dovis “Financial repression”—policies that allow a government to place its debt...

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